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Operating Income by Segment
Shows how much profit each business unit generates before taxes and interest, highlighting which segments drive profitability and which may need strategic adjustments.Health Care Benefits swung from steep quarter-to-quarter losses in late‑2024 to a pronounced AOI recovery by early‑2026 — the turnaround is the main driver of the raised EPS outlook but looks driven partly by timing/pull‑forward items, membership shifts (Individual Exchange exit) and volatile medical‑benefit ratios, so sustainability is uncertain. Health Services and Pharmacy & Consumer show revenue resilience but persistent PBM rebate, client‑price and reimbursement pressure has trimmed AOI, limiting margin upside. Key catalysts to watch: MBR guidance, membership trends, and rebate/timing comparability across upcoming quarters.
Date | Corporate and Other | Health Care Benefits | Health Services | Pharmacy and Consumer |
|---|---|---|---|---|
Jun 30, 2026 | -$477.00M | $2.43B | $1.73B | $1.48B |
Mar 31, 2026 | -$577.00M | $3.04B | $1.49B | $1.20B |
Dec 31, 2025 | -$561.00M | -$676.00M | $1.92B | $1.91B |
Sep 30, 2025 | -$383.00M | $314.00M | $2.05B | $1.48B |
Jun 30, 2025 | -$413.00M | $1.31B | $1.57B | $1.34B |
Mar 31, 2025 | -$330.00M | $1.99B | $1.60B | $1.31B |
Dec 31, 2024 | -$352.00M | -$440.00M | $1.76B | $1.76B |
Sep 30, 2024 | -$329.00M | -$924.00M | $2.20B | $1.60B |
Jun 30, 2024 | -$352.00M | $938.00M | $1.92B | $1.24B |
Mar 31, 2024 | -$315.00M | $732.00M | $1.36B | $1.18B |